Trump's Trade Deal with China and Tariff Extensions

Reported about 12 hours ago

President Trump announced the signing of a formal trade agreement with China, concluding lengthy negotiations and stabilizing trade relations. This new deal builds on an earlier tacit agreement and includes a pause on tariffs, while White House economic advisers suggest extending the tariff deadline for countries negotiating in good faith. As countries like Canada and the European Union respond to the potential for increased tariffs, the economic implications for the U.S. remain uncertain, with officials calling for finalized pacts to avoid exacerbating trade tensions.

Source: YAHOO

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